India, March 24 -- The Government of India issued the following news release:
Introduction
India's defence production has grown at an extraordinary pace since the launch of the "Make in India" initiative, reaching a record rs 1.27 lakh crore in FY 2023-24. Once dependent on foreign suppliers, the country now stands as a rising force in indigenous manufacturing, shaping its military strength through homegrown capabilities. This shift reflects a strong commitment to self-reliance, ensuring that India not only meets its security needs but also builds a robust defence industry that contributes to economic growth.
Graph Omitted (The document can be viewed at https://pib.gov.in/PressReleasePage.aspx?PRID=2114546 )
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